100% Leased Investment.
Originally constructed in 1963, this multifamily property has undergone a series of systematic upgrades and today operates as a low-maintenance investment with established cash flow. The offering consists of a two-story residential building featuring sixteen one-bedroom, one-bath units and two two-bedroom, one-bath units, providing a balanced unit mix that appeals to a broad range of renters. A detached support structure houses the property's laundry facilities, management storage, and mechanical systems, supporting efficient day-to-day operations.
Situated on a corner lot, the property benefits from enhanced visibility, efficient site circulation, and abundant natural light throughout the community. The site's configuration contributes to a functional and attractive residential environment while supporting convenient access for residents and property management.
Interior improvements have been implemented throughout the units, including vinyl double-pane windows, original wood cabinetry, vinyl plank flooring, low-flow plumbing fixtures, and updated appliances. These upgrades enhance durability, reduce maintenance demands, and support long-term operational efficiency while maintaining a consistent unit finish throughout the property.
The property's exterior has been designed with long-term sustainability and ease of maintenance in mind. Drought-tolerant landscaping served by automated irrigation systems helps reduce water usage and ongoing landscape maintenance requirements. Additional features include a security fence and controlled parking gate, providing defined site access and added convenience for residents.
With a substantial unit count, extensive operational upgrades, efficient site layout, and maintenance-conscious improvements, the property represents an attractive multifamily investment opportunity for buyers seeking stable income, streamlined management, and long-term ownership potential.